Property Markets to Stabilize under New Property Law

Real estate experts at Vigers Asia Pacific have said in a recent report that property markets in China have shown signs of slowing down as a result of measures to cool down real estate growth. Government initiatives, as implemented since 2004, have restricted property supply, but not demand.

Vigers expects property markets in China to move towards a pattern of stabilized growth in the future, as fears and uncertainties are put to rest with the promulgation of the PRC Property Law(中华人民共和国物权法). It does not, however, feel that tightened measures will undermine solid growth overall.